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DewDiligence

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DewDiligence

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Re: DewDiligence post# 118089

Tuesday, 11/27/2012 6:00:56 PM

Tuesday, November 27, 2012 6:00:56 PM

Post# of 257251
Factoid: of the 382 biopharmaceuticals approved in China, only 21 (5%) are novel drugs; all the others are knockoffs—i.e. branded generics.

Source: http://www.ft.com/intl/cms/s/2/301a779c-302e-11e2-a040-00144feabdc0.html

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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